524
524
Mar 25, 2013
03/13
by
FOXNEWSW
tv
eye 524
favorite 0
quote 0
how is that possible, little stockton? if you look at the map in california everybody was moving out in san francisco, properties were too high there, same with palo at torques silicon valley, they moved to stockton. what could happen in detroit unless they start cutting more. if detroit has to file for chapter 9 bankruptcy municipal that would make headlines around the world and kind prus would be booted off the front page. >> that's what they are trying to do and -- >> the mayor and the city council loose all the authority they shr-fplt they've been trying and they can't do that. they can't negotiate contracts because a lot of them are involved in a roundabout way with the contracts originally put forth. he'll come in and say listen you're going to cut the spending right here or we are going bankrupt. he's come out and said i've been through bankruptcy before i'm okay going through it again in detroit. >> reverend jesse jackson calling for massive demonstrations gains him today. we'll see what happens. bill: new developm
how is that possible, little stockton? if you look at the map in california everybody was moving out in san francisco, properties were too high there, same with palo at torques silicon valley, they moved to stockton. what could happen in detroit unless they start cutting more. if detroit has to file for chapter 9 bankruptcy municipal that would make headlines around the world and kind prus would be booted off the front page. >> that's what they are trying to do and -- >> the mayor...
225
225
Mar 26, 2013
03/13
by
FOXNEWSW
tv
eye 225
favorite 0
quote 0
. >> stockton, california now. the largest u.s. city to file for bankruptcy. lawyers for the central valley city of 300,000 people are filing chapter 9 to see how it will pay in the pension fund which is the top debt. >> we have stories you can bank on this morning. bad news for your wallet. while many of us are making less than we were four years ago, joining us now to explain why is lauren simonetti from the fox business network. >> what's the primary reason here? >> there is a few reasons mostly because it costs more money. i am going to show you some numbers. they are really startling. when it feels like we are not making money we always say that. when you look at the data we are not. median household income is over 51,000 dollars. take a look at that on a time line. 6 percent less than when the economic recovery began in summer of 2009 and less than when the recession started. obviously we are not making enough money. all of this data comes from research. they also say one of the key reasons speegsly now because - especially now. saw a $600 drop between f
. >> stockton, california now. the largest u.s. city to file for bankruptcy. lawyers for the central valley city of 300,000 people are filing chapter 9 to see how it will pay in the pension fund which is the top debt. >> we have stories you can bank on this morning. bad news for your wallet. while many of us are making less than we were four years ago, joining us now to explain why is lauren simonetti from the fox business network. >> what's the primary reason here? >>...
98
98
Mar 18, 2013
03/13
by
KNTV
tv
eye 98
favorite 0
quote 0
control towers in napa, concord, livermore, stockton and santa rosa are all on the list of possible closures. >>> it is the eternal quest. now palo alto city council looking for a solution to the city's parking problem. residents say it's reached a saturation point and things are about to get worse as the new downtown development continues. according to enforcement, the palo alto city council will look at additional proposal, including permits at city garages. they will consider a valet program at another garage putting parking restrictions in residential neighborhoods and building a brand-new parking structure. >> i had lunch in palo alto, come to think of it, on friday. we were able to sit outside. today we can do that but probably not tomorrow. >> lucky you. her and zuckerberg, right? >> roll with it. >> we have a good day shaping up. marla is right, rain coming in. outdoor lunch plans on the water, much better conditions. a live look over san francisco. the bay bridge there. conditions on the bay glassy but those won't last as winds pick up ahead of the storm system. it doesn't move in u
control towers in napa, concord, livermore, stockton and santa rosa are all on the list of possible closures. >>> it is the eternal quest. now palo alto city council looking for a solution to the city's parking problem. residents say it's reached a saturation point and things are about to get worse as the new downtown development continues. according to enforcement, the palo alto city council will look at additional proposal, including permits at city garages. they will consider a...
303
303
Mar 25, 2013
03/13
by
KRON
tv
eye 303
favorite 0
quote 0
and and stockton is poised to become the most populous city in the nation to enter bankruptcy when its trial begins today in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. police in south san francisco are searching for a serial arsonist who started three fires in the city over the weekend. police said two fires were lit in orange park on memorial drive and a third was started near the 500 block of el camino real. fiske all three fires were quickly extinguished and caused little damage, police said. no suspect information was immediately available. police search for arsonist this weekend police said two fires were lit in orange park on immediately available. the san mateo county sheriff's office is warning rash of 'door-knock' burglaries that have occurred in residential neighborhoods around san according to the sheriff's office, potential burglars have been approaching homes and knocking
and and stockton is poised to become the most populous city in the nation to enter bankruptcy when its trial begins today in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. police in south san francisco are searching for a serial arsonist who started three fires in the city over the weekend. police...
52
52
Mar 18, 2013
03/13
by
KNTV
tv
eye 52
favorite 0
quote 0
control towers in napa, concord, livermore, stockton and santa rosa are on the list of possible closure. "today in the bay's" danielle leigh is live on capitol hill where there are moves to give departments a little more leeway on those big cuts. danielle, good morning. >>> jon, good morning. the senate is expected to vote on a temporary budget to fund the government through the rest of the fiscal year. as part of that, there could be some relief. they are implementing across the board spending cuts as a result of the sequester. parts of the bill could give them more power. they have to go through about 100 amendments the senate tacked on to the bill. it was much simpler when it was passed by the house. it will have to go back to the house for approval. john boehner is waiting to see how it will pan out. they have to pass a temporary budget. once they are passed, they have to focus on that next year's budget. they are hoping to get a big deal here to address the deficit. last year, the house and senate put out opposing plans. the good news is that both sides seem ready to work toward a
control towers in napa, concord, livermore, stockton and santa rosa are on the list of possible closure. "today in the bay's" danielle leigh is live on capitol hill where there are moves to give departments a little more leeway on those big cuts. danielle, good morning. >>> jon, good morning. the senate is expected to vote on a temporary budget to fund the government through the rest of the fiscal year. as part of that, there could be some relief. they are implementing across...
129
129
Mar 26, 2013
03/13
by
FOXNEWSW
tv
eye 129
favorite 0
quote 0
county administrators and officials of every type, steve was talking about all the different counties, stockton is in the same vote, they sit there and voted themselves tremendous pensions or whether it is health care allowances for the rest of their lives, and no one was too sort of stop it, but when you set politics aside it is about the math. there is actually at the end of the day no way to pay this over time. >> melissa, the good news about this story, if there is any silver lining there, you're exactly right. the only way you stop this is with taxpayers. you know what? bill, there are several instances where taxpayers have voted on the ballot to put a clamp on these out of control pensions. so there is some movement in the right direction with people saying look, we want money to go for schools, not pensions. bill: is there anything in california that addresses perhaps renegotiating these contracts. >> bankruptcy. that is what keeps happening again and again. >> that's right. >> only way to deal with this and break these contracts is eventually to go into bankruptcy when the county can't
county administrators and officials of every type, steve was talking about all the different counties, stockton is in the same vote, they sit there and voted themselves tremendous pensions or whether it is health care allowances for the rest of their lives, and no one was too sort of stop it, but when you set politics aside it is about the math. there is actually at the end of the day no way to pay this over time. >> melissa, the good news about this story, if there is any silver lining...
118
118
Mar 21, 2013
03/13
by
MSNBCW
tv
eye 118
favorite 0
quote 0
. >> i don't remember if you remember the stockton, he brought ted nugent to the -- >> yeah. >> krystal, he tweeted out, the best thing about the earth is if you put holes in it, oil and gas come out. how is that for kinder and gentler? he actually tweeted this. >> and that's part of the problem. if you have any concern about the environment, if if you have any concern about climate change, are you going to look to someone that's a party that's saying things like that? that's not offering any solutions and i think that's part of the problem. cap and trade, which has been thoroughly demonized, that was a conservative idea. that's a market-based approach to dealing with climate change. democrats have adopted some of these goods, market-based things that they used to do. if they are going to be an effective party and opposition, they have to offer nuance responses. it's worked for them a while but now that well has run dry, so to speak. >> and i think joan made a very good point. usually they take an autopsy after you've been pronounced dead. they don't usually take 5 autopsies while you'r
. >> i don't remember if you remember the stockton, he brought ted nugent to the -- >> yeah. >> krystal, he tweeted out, the best thing about the earth is if you put holes in it, oil and gas come out. how is that for kinder and gentler? he actually tweeted this. >> and that's part of the problem. if you have any concern about the environment, if if you have any concern about climate change, are you going to look to someone that's a party that's saying things like that?...
235
235
Mar 26, 2013
03/13
by
FOXNEWSW
tv
eye 235
favorite 0
quote 0
a bankruptcy battle is underway in stockton, california, the most populated u.s. city to file for chapter 9 bankruptcy. lawyers argue that is the only option for the failing city but creditors disagree and are taking him to court. >>brian: charles payne, fox's business network guy, filling in for stuart varney this week. what do you think, charles? >> i think it is the only option. it is hard to argue these guys haven't tried. 25% of the police officers are gone, 40% of city hall is gone. they dug themselves into an amazing hall. what happened was you had a situation where you had typical government spending particularly at a local level which by the way sofpb more outrageous -- is often more outrageous than what we see in washington, d.c. combine that with the steroids of a housing boom. the average house there went from $100,000 to $400,000. from 2000 to 2006, talk about a county and city feeling flush. they made am mazing obligations and amazing promises. they built a hockey arena. they thought they would have a semi prosports league. >>steve: sky was the limit
a bankruptcy battle is underway in stockton, california, the most populated u.s. city to file for chapter 9 bankruptcy. lawyers argue that is the only option for the failing city but creditors disagree and are taking him to court. >>brian: charles payne, fox's business network guy, filling in for stuart varney this week. what do you think, charles? >> i think it is the only option. it is hard to argue these guys haven't tried. 25% of the police officers are gone, 40% of city hall is...
82
82
Mar 22, 2013
03/13
by
CSPAN
tv
eye 82
favorite 0
quote 0
david stockton outlined a strategy in the 1980's. evenight wing noted that through republican presidents like eisenhower and nixon, you could not cut popular programs like social security or medicare. and government grew at a slower rate. they can love with a strategy of starving the bees. -- they came up with a strategy of starving. the starving -- they huge deficits sta up with a strategy of rving the beast. creating huge deficits. republicans deny care about deficit at all -- do not care about deficits at all. what they do care about is cutting government. to quote grover norquist, it can b t in a bath tu [indiscernible] they call it something else but it would destroy both programs. their goal is to destroy government. corporations paid on average 40% of profits for taxes. arey large corporations 12ing about fall% -- about %. they ryan budget would lower that further. millionaires with a $200,000 tax cut -- would get a 200,000 todollar tax curt. t. host: a tweet -- is true.at if you looked at the budget, we have not had in the gr
david stockton outlined a strategy in the 1980's. evenight wing noted that through republican presidents like eisenhower and nixon, you could not cut popular programs like social security or medicare. and government grew at a slower rate. they can love with a strategy of starving the bees. -- they came up with a strategy of starving. the starving -- they huge deficits sta up with a strategy of rving the beast. creating huge deficits. republicans deny care about deficit at all -- do not care...